Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
““You’ve got what looks like a pandemic, possibly, on top of an uncertain trade deal,” Hubbs said. “It’s just a lot of uncertainty.” I’m just a casual observer to all of this, relying on the imperfect random Twitter accounts and business reporting to understand what is going on, but this pandemic is going to cripple the Chinese, if not the world economy. Tens of millions of people are quarantined, and tens of millions of people are in self-quarantine, not going to work, as factories are shutting down across the country, and American companies are closing their offices and factories for… Read more »